1961-08-16 — Page 1

THE CHINA MAIL, WELNESDAY, AUGUST 10, 1961.

World New York stocks

rubber

New York, Aug. 15, Rex rubber futures today closed unchanged to 10 points tower with solos of 16 contracts.

Standard rubber contruct elosed unchanged to 10 points lower with no sales reported.

Trade switching operations, Involving the January-Septem- į bor contracts "at 65 points, dlf- ference, provided the truding dull feature In an otherwise market.

again decline

Now York, Aug. 15.

The stock market declined again today, but trading once more

was only moderately active,

The market was slightly lower at the opening. It turned mixed in the

first hour, moved a little higher around noon, but eased in the final hour.

Most stocks were around their || Of the 13 most active stocks, intl Business Mach lows for the day at the close | eight declined and seven ad- fati Barvester with most losses ranging from a vanced. fw conta to around one dollar? a share.

Traders marked time in face of the Berlin situation and

16*W's pending further

on the

Standard and Poor'a 59B stork i workers' reports of a railroad strike

at 307.55. Intex lost 17 ceal Other at Medan.

af about handicaps included a threatened Indicating the erasure strike of automobile workers In$1,000 million from the quotect 16 days and a possible strikce value of all stocks listed on the overnight by more than 2,000 New York Stock Exchange. workers

US. Rubber In the Company la New Jersey, The London rubber was uncertain. Spot quoted at

market

247 No. 1 Raa spol 244-25 with no business.

BUSINESS NEWS The Dow Jones 30 industrials

were down 2.75 nt 710.18. business The

ugain tows It included a new was good. The Amsterdam rubber mar-record for U.S. industrial pro-

duction last month. ket was alenty today.-UPI.

P.O

ORIENT

LINES

EMBARKATION NOTICE

S.S. "CATHAY"

ROUND TRIP TO JAPAN

CALLING AT YOKOHAMA, SHIMIZU & KOBE.

EMBARKATION: The ship will be berthed at No. 1 Pier, Kowloon Wharf entrance at No.

SAILS:

BAGGAGE:

2 Gale, Canton Road. Passengers should embark between 6 p.m. and 7 p.m. on Friday, 18th August, 1961.

The ship is expected to sail at 7 a.m. on Saturday, 19th August, 1901.

Should be sent to the Hongkong & Kowloon Wharf Co.'s Godown (No. 2 Gate) between 8 a.m. and 5 p.m. on Thursday, 17th August, 1961. SUBJECT TO CHANGE

Agents:

MACKINNON, MACKENZIE & CO.

OF HONG KONG LTD.

P. & O. Building,

HONG KONG,

Telephone: 86211/9

NOW

Studebaker - Packard

e volume list, rising

int Nickel Int Paper led in Tel & T

to

Junies & ahlin Kater Alumilatum Regnnect Copper Libby Owens Ford to rest & Myers

Lockheed

8 on 106,700 shares. General Telephone & Elve- tronies

was reeand, up

26 on 66,400 shares. Raytheon

Lone Star Cemtient'

was third, all 4 at 41% on 39,- | Lorhurd, P. Co

300 shares.

Merritt-Chimpman

up to

Mnedin Co.

Merck & Company Scott Metro Goldwyn Mayer 114, Minneapolis fianeywell Cyana- Minnesota Mining & Mfd

was fourth, followed by Amierlean mid, vir 16" al 441⁄2.

Wail

reapained Survet cautious over the Berlin crisis, but there was no great rush to sell,

Volume totalled 3,320,000 shares compared with 3.120,000 shares traded on Munday.

Closing prices

Ailled Chemigal Corp.

Alla Chalmers,

Aluminium Lad.

Aluminium Company

Ainerna Petroleum

American Airlines

American Can

Amerien Smelt & Refin

Monsanto Chemical Montgomery Ward Moore McCormack Lines Motorcio Inc. National Bicult National Cash Register National Dairy Prod.

National Distiller Nations Gypsum National Lead .... New York Central Northwest Airlines

44 Phelps Dodge

441 Philip Morris

404

194

BAL

ABIS

LONDON MARKET

London, Aug. 15. Stocks steadied today after. yesterday's retreat but trading volume declined and prices moved narrow- ly in the small two-way business.

Many industrial tenders gained a few pence and the list closed irregularly igher.

A bout of bargain hunting pushed some equities higher bui the Burry fucked power and the best gasis were not held, Stores responded, to July sales but lost most of their rises later.

Shortage of stock in the un dated issues icept gill-edged strong and rises of £ths were the st. War 431 spread through

Loon 31 per cent gained this amount to' £527,tha,,

BEK

1413

94.

Grecks shaded in the foreign | nd bond sector.

Small gains took the upper hand in a subdued gold mines 7715 market,

sent easter buying 5ths upside but coppers turned

dall.

314

Olls Were erratic and on baimes closed easier.

Te were quietly frm and rubbers steady.---UFI,

Closing prices

rial (overnment Securities 2, Consalicyled-LaB75,

Conversinia 1527%.

3. Saving 300418-27/32.

3, Saying M3/75-14 31, War Loan-£52%.

Overseas Botada German (awes)-201!;; Japanese, enteil--2147.

Banks & Insurance

10137

*T**

131

27%

Öki Malsiesun Chetn

Pacific Us & Elec,

DI

231

BILL

Pan Am. World Airwnya Paramcunt Pictures

SARG

71%

Taz

Pennsylvania K3.

012

Pent Cola....

231

cer, Charler

711

Ainertean Motors

American Cyanamid

0541

3D Pure O

Petrol

311

American

Bugar

33

Quaker Outs

American

Tel

12225

Ando Corporation

w

American Tobaccu

21

Raytheon Company

41%

Ahnennda Dumnyany

83) Republic Steel

Iarclays Ord-70s.

Armeo Steel

2015 | Reynolds Metals

Chartered Bank-5% L.

Armour & Company

dos

Reynolds Tobacco

143

Ascolates Dry Goods

50

Royal Dutch Petrul

$14

Alantis Refining.

3211 St Regis | Paper

Lundel Trust—dia,

Hongkong Bank-17.

Baldwin Lima flauntiton

18

Sears Roebuck

11

Ga1 Shell U

45

She Transport

KON

Binclair Of

4011

0215 Sucuny Moll off

45

South Am Gold & Pist

2015

Youth California Edison

731

Southern Company

Sperry. Rand

201

Standard Brands

**

40

| Standard Oil Collfornia

3

5012

Standard Oil Indiana

Standart Of New Jersey

541

Standard Oil Ohio

90

DOY

Bendix Corg

Bethlehem Steel

Boeing Airplane

Borden Co.

Borg Warner

surroughs Corp.

Canadian Pelle Hanway

Case, 3. 1. Co. ..........

Coinnese Corp. Ain. Carr Corp.

Chrysler Carp. Ces Service

Coca Cola Corp. Colgate Palmolive Commonwealth Edtion Consolidated Edison Continental Ol Corn Products Co. Crane Company

Crown Zellerbach

Curtis Wright

pisul corp-Bengrame Douglas Alreratt

Dow Chemien)...... DuPont De Nemours Eastern Air Lines

Ensimman Krudak

Food Merlinery & Chees

Ford Motor Co.

Atoriing Drug....

4343tudebaker Packord

Texaco The_

764 Thampson Ramo W 2015

Tidewater Oil

Twent Century Fox Trans World Allings 2012 | Únian Carbide

Unlon U California

-189 | Union Pacific

30

United Aircraft Com

2015 | Uniled Air Lines ..

231 United Frul....

104

us Industries

US Lines ...

194: US Ruben 82% US 'Sett &

339 US Steel... 611Warner Brew Pictures

General Electric

General antes

General Mill

357

General Motors

47

General Telephone

201

Geargis Paeife Corp

Gelly Ol

17

Gillette Co.

Goodrich. B. F. Co.

7324

Goodyear Tyre & Rub

44

Grace, W. H. & Co.

Gulf Oil

Ingersoll Rand

$308.40 LESS

NORTH AMERICA

by

Canadian Pacific AIRLINES ·

Via

TOKYO

Based on Return Economy fare Hong Kong

Back through your Travel Agent or direci with

Canadian Pacific

Union House, Hong Kong, Tel: 35011

CARGO CARRIED ON ALL FLIGHTS

Western Union Tel... Westinghouse Elnettle Yale & Towne ......... Youngstown Sheel & T Zenith Rotilo .....

HONGKONG

STOCK

EXCHANGE

by

Our Own Correspundon

Exchange

134

Business dore on the Hong-

Stock kong morning amounted to

proximately

this

ap-

$1,430,000. Noon quotations and the morning's transactions:

HK Bank

Shares

Buyers Sellers

374

Fater

23 300

2010 310

200 or 574

10.00 KADA

Alled Inv. Wharf Co, Wheelock (Old)

ink Dock

12.20 12.40 2000 13.45

200

2000

Talkoo Do::k Ch. Prov.

301 313

500

31

200

u 3024

HK & 9.

HK Land

500 43

701

73 1300 X

300 in 2015

HK Realty

(Old) Hi Tram KMB

Younints

Ch. Light

2.470

40% 4124

・学す *0.

123

128

Bu

20000 # 245

1300 40134

250 41 BROTH 3507715

2013

7000 + 380

- 100) 304

30

109 11

BOD 3015

Beelele

2012 34

1e040

1500 or 309

5300001

50040

200 or 30

Bogor 39

23 21,20 200 21.00

45

105 21,45

100

21

600 31

4.60 4.2004.03

御

-

West Coast

Oilman Jerufung Coment

27.59

01 CJ

Dairy

W11 Textile

*Ex, Dir.

4.10

7B

1

3

$:00 14 6,00

100

or 0.30

10007.03

Guardian Assurance-539 Jd.

Lloyds Bank--02 1.

1

Lombard Banking Ord.-13 Dil

Grindley-31 8. Pridential Assur A-2234 Royal Bank of Canada-£20-1/10.

Insurance Ord

theminian TTU-271.

oll

British Petroleum--465 3d. Durmah Ol--35.

Shell Transport Ord-12ts. Royal Dutch£}1-23/32. Ultramor Company--20 1050,

Steels Engineering

Labcock & Wheox Ord-25m 44d. Colvilles Ord-Sis 1011⁄2d. Vorintu, Long-271_96_ Guer. Keen Ord-884 30, Harland & Wolff Ord—19%. Stewarts & Lloyds Orct-4, Bummers & Sons Ord---44% skl. Tube Investments-035 105d United Steel 3. Vickers Ord-35 1024.

Firetre

Ansor. Elec. Industries--33% PA. Birmingham Sound-33 3d. Brit Electronic Ind.-19%. Brit. Ins. Callender Ord-67# 7:40. Elec. & Mus, Industries-301. English Electric Ord-30% 3d. General Electric Ord--Za Od. Philips Lamp Works-£10-5/10, Keutffusion Öret.---500 10.

Industrial

Assoc. Portland Cement-723.9. Boardman Marden Ord- 10

Borax Holding)—1787 ad

Deca Records

Dunlop Rubber Ord-265 33. Flavna Ord-düz 1990.

Gana (Hogs) Ord.-6R, International Computer-23s 3d.

London Brick Ord-03 7.

Turner & Newall

Unilever Ord-144% 3. Wiggins Tadpe Ord-35s 34.

Chemicals

Imperial Chemical Ord-Gân Del. Monsanto Chemicals Ord-203 94.

Clauman & Trlovijlen

Assoc. Brit. Pictures-s. Bank Organisation Ord-s 115d. Stoll Theatre 10.

Paper

Downter Paper Ord-13s ød. De La Rue Ord-04s Del. Spicare Ord446,

Tobaccon

British-Amer, Tan, Ord-078. Carteran "R" Ord--19 4126. Imperial Tobacco Ori-67 0.

Motors

British Motor Ord-14a 1. Hawker Siddeley Ord1 794. Inguar Cars Ori Dd.

Holl-Royen Ord-400, Westland. Alreraft-195.

Texules

Bradford, Dycra-164 04.

Printers Ord-12 754. Coats (JP) Faton & Baldwinst 4:50.

Courtaulds Ord-e Ted. Fine Spinners Ord-258 Gu. Innenshire Cotton Ord 50

Breweries

Distillern Co, Ords. Guinness (Arthur) Ord-638 3d. Ind Coopa Ord-12s 10td.

States

Great Univernal Orde Grent Univerant

1sd.

Hause of Frater Dri-124, 3:1.

"Ord-12a id. Lyon (J

STEADY

Marks

Bpaurer

"A" Ord-93

Tate & Lylo Ord-tẫu 21. United Drapery Ort-4ia Ol Woolworth (F.) Ord—dou 450.

Mcellaneous

Bowmaker Orl-14 14.

tril. Commonweal Ship. Ord.-

Conadiun Pagile Ded-$48% Chy of London Real Prop/--738. Cinar Steanship. On-14% 90. Forvital Land & Timber-la 30. Hongkong & China Qay--178, Indo-China Def, Ord-221 34. Lund Securites Ord-201 ed. P.&O. Steam Nav. Det-40s 3d.

W

Alte

Aruh Tin juvonlment=149, Be Beers Def-13= st. Loudon Tin Corp 20 34. Mount Isa— BAIN.

tal 118 30. Band Selevans-16 Sthodesian Anglo-Amer,

Ord-50%

Rhodesian Selection Trost-1. Khokann Corp. 476.

Ria Tinto (Beater1-35a_10lgd. Itean Antelope Copper-8x 21. Tronul Mine-759 dit, Union Corporation—4is tid. Wellium Cord Mining-101 fl. West Hot Investment Trust-a 4.

Western Moklings-12) 31. Southern Malayan Tin-30%.

Rubber & Teas

Autio Indonesian Plant-is 1150. Cesian Ton Ord-21. traperial Tea Oils Ad Kuala Lumpur-Kepong-is 30. Lansbak Ruber-mės Ji.

--Reuter

Exchange rates

Вилнее was dune nofticis exchange markest 11

RANSPORTATION

Close on

on 9,000

special visitors

to see air show

London, Aug. 15. Close on 9,000 public figures in the avia- tion, engineering, political and diplo- matic worlds are due here at the beginning of next month for Farn- borough's Annual Flying Display shopwindow of the British aircraft in- dustry.

The

Many of these special visitors year the arqual figue reach- -representing more than 100ud nearly £74 million.

The Aero-Engine sations are people who in-

malcy for fluence their countries aircraft! 1901 nr.: currently ruanale at buying programmes, and whose nie of £89 million a year. [trip to the Farnborough airweek

ROLLS ROYCE in the local is an annual pilgrimage.

'Rolls-Royce Company, This year's show is the 22nd which has earned around £200 6.748 cruised by the Society of million worth of the post-war 10.93 British Aircraft Constructors, engine sales, will show for the 12.04

and it is extinuated that the total first time the engines which are 140

twb of Britain's attendence over the week will to

Klant jet- probably exceed 300,000 people."second generation"

liners the Vicitera V-C-16 and the Super V-C-10.

ut the following rates Us doftar per $1) Sterling notes per e Australian notes (per £1) Japanese yen, (per 1981). Cantodlartel (per 100) French new trane per 13 Indonesia rupiah (per 100) Emelia Cruizeiro per 1001 Argenting peso (per 108) ... Korean hwan (per 1,000) Istana (per 1000) Cues JM (per 11. Taiwan yuen (per 10). Thai batit per 100) Burmese Kyat (per 109) Pakistan rimper Ther 105 Macao pataon per i Norwegian krone (per tun) Pippine peso (ver 2). Singapore straits (per 15 Swiss frane (per 1)......... Netherlands gulider (per 1) West German D-Mark (per 1) Cuban peso per

Agreed merchant

rates

power

Power plant for these four-

with jet aircraft is the Rolls-Royce

announcement of new Conway R-CO-42, which has a records in sales achievement rating at 20,250 pounds static

by the industry, whose exports thrust.

(In contrast to

of

conventional

-the

of aircraft and spares are cur-, horse-power

rently at a rate of £186 million plston engines.

Che first jets is measured

the

output of· In terms of

1.14

3.15

1,70

5.00

NEW RECORDS

3.36.

14.15

Its approach coineldes

0.01

137

the

27,10

2.115

7.00

0.004

7.00

1.43

yar.

Sates

for

1.81

1.33

slx months

1.54

1.44

of the year were brust). alone close on £83 million. This half-yearly figure almost twice the amount of the

entes 10 Jotai

years and about (£42,400,000) thir

the more than

Fornborough,

afted

15

beautiful Hampshire side, provides

country-

an impressive

ago

T

Sales

of live years

(€ 104,500,000).

Even more notable in cent times has been the boost telbute.

re-

Francs maximum

Swiss selling 74-13/16.

UNIT TRUSTS

First Hongkong Fund: (buyer) $1.33 (seller).

$1.25

Second Hongkong Fund: 95 cents (buyers) $1.01 (seller).

the

venue for the annual air show, of a vast static which consists

by

total exhibition supplemented

ago dolly nying displays to which both civil manufacturers and CBD- the flying armed forces

GI The organisers.

more ing

are now

programme which

will

In Britain's overseas sales Anro-Enzincs, which since working on details of the fly- the war have earned than £400 million in exports, include spectacular acrobatics £8 million by the Royal Ten years ago

Air Fores and Keme of Britain's latest later achievements in vertical take- Mall nircraft,China

worth of exported.

Was Acro-Engines Five, yourn

us had risen more than three off fold to £28 million, while lust Special.

COMMODITY PRICES

RUBBER

NEW YORK

Rubber falures closing prices,

COTTON

NEW YORK

LIVERPOOL

Closing prices all in pence per 1b.:

METALS

NEW YORK

Closing prices all in cents per

all in cents per lb

Closing prices all in cents per

Standard

b

ib.:

Sept.

20.05

30.00

Nov.

2015

20.75

Spel

33.15 10m.

Jan.

20.46

20.43

Oct.

3432

Mar.

29.40

Die

34.bab

Lead

10.2017

Mar.

35,315

Hopl.

Мах

21.43

May

30.051

Oct.

10.2517

July

36.20

LONDON

35,050

Sept

Closing prices all in pence per

Dec.

35 200

Oct

11.20b

Cupper

ib.

No. 1 Ran spot

23

Sopt. Oct

30.558

Settlement hause Letni

Sept.

Oct.

LONDON

Oct/Dec.

Jan./Mar.

25%

American Contract

Apr/June

July/Gent.

23A%

Oct.

4.30

General markets, e.l.f. boris, porte:

Dee.

A.

Mar

Bopt.

May

Estate ereps

Tin

this Aux.

thick Aug.

unquoted unquated

Oct.

Spot

Dec.

3-month

Copper

Mixed Contract

Spot

2-month

2493

Lead

23,24

J-manth

25.03

Zinc

23.63

Spot

25.33

AMSTERDAM

Closing prices all in gulders

per Idlogram, elf. Aug.

| No. 1 rubber

No. 2 rubber

No, a rubber

No. 1 erepo

237]

Closing prices, all in sterling per long ton;

3-month

Buyer Sellers

040

04036

230

230

2012

Neayang

Amal Rub J. Trust City Hotel Bumphrey

Craw.

But few...

• All

CPAL TEAY

1 Mine

12.30 12 43

100

1000 a 1249 1020 1230

500 40 25.770 0323.70

1000 291

800.42

116.,

10. 10000

20000 10. 10900 150.

Two weeks ahead of actiedule, the de Havilland Trident which has three engines by the lali, moved to the flight ched ni Italfeld, Hertfordshite, for Kis final ovnstruption. Is "pouliy-x-mile" "literati-24 of which have been ordered öz ILE.A--will fly during the winiet, IL WR be a faerions thirời la "America's. Honjng. Airersis Company, wuinii je Qevilopa ing um mirilaot of ari airpont exactly kimilke design-the Pànhức 727,- IV wilt ziło complete with aveeral ättier saw 'afljótéri inclading the Caravelle, Fickars showes-The 200′ mi.p.h. mediuim-range Teldenim-unking capacity), 80. to 100 mm which la planned to replace' Comets Intlip "kacond. RSU.Of 1961-Express Photo.